answersLogoWhite

0


Best Answer

Private property, Freedom of enterprise and choice, competition, Role of self interest, Markets and price and Achieve but limited governments.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: List some characteristics of Market system?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are some characteristics of market structures?

oligopoly and monopoloistic


What is computer and explain its characteristics?

list and explain some important characteristics of a computer?


What are some characteristics of money market instruments?

please i'd like to know thecharacteristics of money market especially in Nigeria


How do I describe a mixed economy?

A mixed economy is a system that combines characteristics of market, command, and traditional economies. It benefits from the advantages of all three while also experiencing some of the disadvantages.


What are some personal characteristics of the US?

this are the characteristics of u.s economy,free market,private property,profit,competition, and consumer sovereignty.


What country has the charcteristics of a market economy?

If you look at the countries of the developed world ("the West"), you will find the characteristics; however, you won't probably find a country that runs only on the principles of this system. There will always be some aspects that won't fit into the description of the market economy.


What were some of the north characteristics?

large cities, a factory system, a developed transportation system


System that combines the free market with some government intervention?

Market Economy A market economy is a system in which decisions on production and consumption of goods and services are based entirely on exchange, or trade; The answer to this is Mixed Economy.A mixed economy is a system that combines the free market with some government intervention.


In which type of economic system is government not involed?

A free-market system, although there are no true free market systems. Government always meddles to some extent.


List Some disadvantages of the Egyptian numeration system?

out of date


List of free-market economy countries?

there are no pure market economies today. Even the U.S government, which is commonly known as a market economy, still has some control over decisions.


What are the characteristics of valuable information?

Characteristics of Valuable Information7AccurateCompleteEconomicalFlexibleRelevantSimpleTimelyVerifiable